Recognizing Employee Contributions Erica Warren HRM500, Strayer University Dr. Jeffrey Weaver 12/7/2014
Recognizing Employee Contributions
Employees deserve recognition for their hard work, creative ideas and commitment to the company. “Employee recognition is the timely, informal or formal acknowledgement of a person’s or teams behavior, effort or business result that supports the organization’s goals and values, and which has clearly been beyond normal expectations” (Wiley & Kowske, 2012). It is important to show employees your appreciation for their work so they can understand how they are valued by the company. The effect of this action helps to increase employee satisfaction and productivity. Rewarding employees…show more content… Lastly, health wellness is a trend right now, so employers should offer employees discounted prices to gyms within the establishment. It is important that companies consider certain concepts when designing a benefits plan. The first concept that must be looked at is ensuring that the company has the necessary funds needs to implement these plans. In order to make these decisions there must be a comparison done to evaluate the current prices within the market. If the funds are not available or are low, then there needs to be a limit on the plans you choose or not choose at all. Next, these options should be compared to the employee’s current values and expectations. Employees tend to value benefits more if they can use them. It is also important to know that with employees their values and expectations differ with each person. Assess the efficiency of common techniques for effectively communicating compensation and benefit plans to employees. Support your answer.
“Effectively communicating with employees about their benefits must be a year round effort and should not be confined to blurbs of information only during open enrollment periods” (Kupritz & Cowell, 2011). The purpose is to provide employees with enough information so that they are able to make the best decision regarding benefit options. Human Resources should create a summary of benefits, which provides employees with a short
CLICK TO DOWNLOAD HRM 498 (Strategic Human Resource Management and Emerging Issues HRM 498 Week 1 Individual Assignment; Management Challenges & Concerns At your company, you work on all HRM responsibilities, and have been asked to join a committee to present a report on management challenges. This report must include challenges, possible causes, and a plan for addressing them. Select one to two articles on HRM challenges. Write a 350- to 500-word report about these challenges. Format…
Assignment Questions Question #1: (250 each part) a) Provide a brief description of the models of HRM discussed in the first chapter of the textbook, and explain how each one related to strategic human resource management. First there is the Fombrun, Tichy and Devanna model which “emphasizes the fundamental interrelatedness and coherence of HRM activities” (Bratton & Gold, 2012, pg. 18, para. 3). There are four main components consisting of selection, appraisal, development and rewards…
ON INTERNATIONAL ASSIGNMENT: IS EXPATRIATION THE ONLY WAY TO GO? Marilyn Fenwick Working Paper 30/04 May 2004 DEPARTMENT OF MANAGEMENT WORKING PAPER SERIES ISSN 1327–5216 Abstract This research explored variations to traditional international assignment. Interviews with expert informants and a survey of 43 human resource managers investigated whether or not four categories of international assignment identified in a recent European survey are occurring in Australian-based multinational enterprises…
Dr. Ashish Mahajan HRM: 71-243 (01) Fall 2014 Schukra Assignment Due Date: Monday, October 27th (at the beginning of class) Length: Six pages double-spaced with one inch margins excluding title page, references and exhibits. The final report must be submitted on the due date simultaneously in TWO WAYS: Submit as follows: 1) A traditional paper report to be turned in at the beginning of class on the due date, and 2) As an email to me in a single PDF file at amahajan@uwindsor.ca. Please…
3.1. The Concept and History of Human Resources Management Human resources management maintains the source of “people factor” in organizations. People factor is a must, basic needs in every business. Human Resource Management (HRM) is the function within an organization this focuses on recruitment of, management of, and providing direction for the people who work in the organization. Human Resource Management is the organizational function this deals with issues related to people such as…
FROM: HRM Consultancy, Inc. SUBJECT: Recommendations for Post-Merger Conflict Management I. Introduction/Background Phoenix Paper Products Inc., a national family owned and operated paper products manufacturer with 650 employees based in Stamford, CT is founded on strong Christian principles and has a long tradition of family members occupying senior management positions. In February 2013, Phoenix Paper Products Inc., acquired Oracle Consolidated, a similar sized (500 employees)…
BAM 411 Human Resource Management Text: A Framework for Human Resource Management ISBN-13: 978-0-13-257614-7 Author(s): Gary Dessler Publisher: Pearson 925 North Spurgeon Street, Santa Ana, CA 92701 Phone: 714-547-9625 Fax: 714-547-5777 www.calcoast.edu 10/14 Study Guide Seventh Edition, 2013 BAM 411 Human Resource Management Message From the President W elcome to California Coast University. I hope you will find this course interesting and useful throughout your career. This course…
its colonial ruler; Britain. Its headquarters is in Mumbai, India, employs 58,618 employees and is engaged in the manufacture and sale of commercial and passenger vehicles primarily in India. “Tata Motors is ranked 314th in the 2012 Fortune Global 500 ranking of the world's biggest corporations” (CNN Money.com).It is the world's eighteenth-largest motor vehicle manufacturing company, fourth-largest truck manufacturer and second-largest bus manufacturer by volume (CNN Money). The Company provides…
USE ONLY – LATE SUBMISSION Date Due: Received: ASSESSMENT FRONT COVER SHEET COURSE: PEOPLE IN ORGANISATIONS MGT5063 REGISTRATION 2 1 2 18th Nov 2014 1 9 9 0 2 4 8 NO: DATE SUBMITTED: WORD COUNT*: 7 *excluding bibliography, references and appendices Unless otherwise informed, please submit your assignment to the Assessment Centre which is situated within the Adam Smith Business School Reception area. TO BE COMPLETED BY STAFF ONLY Extensions All extensions must be submitted to…
